infinity10 opened this issue on Jan 24, 2006 ยท 45 posts
ynsaen posted Thu, 26 January 2006 at 3:11 AM
Over the last two decades and a bit, Disney has become synonymous with corporate greed and the destruction of artistic spirit. In that same period, the rise and control of one person who is widely known to have micromanaged everything to death is behind it. That person is no longer in charge, after his particilarly vile methods of domination finally failed to do what they had done for decades: improve revenue. Everything said above about Disney was either begun or based on the actions of the company under a man who is currently looking around for some other company to run. Eisner saved Disney from being bought up and destroyed utterly. Like his long ago archetype, he walked in through the gates and was hailed as a savior after he destroyed his rivals. He was named emperor, err, CEO, and ruled it with a pretty wicked fist. Even managed to get to the point where he was on the board of directors (deification, ya know). And then, when his personal excesses and wicked habits proved to be in opposition to the sena, err, other people in Disney (who hate that people see Disney as that way), some of them got to gether, and among them were some of the people he felt were close friends. Well, as close a freind as anyone could ever be with him, that is. And people say history doesn't repeat itself... in any event, He is gone. The changes in the daily operations of Disney are still rippling down, and wall street (that is, the people who invest money for regular folks who have 401ks and mutual funds or maybe a little money market account or pension or even a full fledged retirement fund) isn't entirely happy. Iger is definitely a compromise choice -- half way between the "don't you screw with my legacy" of Eisner and the "good god, we want anything but that SOB" of everyone else. Don't judge the company now on the way it used to be. See what it becomes in the future. Oh, and Jobs isn't the largest shareholder of Disney. But he does get a seat on the baord, and if he's willing to take a multimillion dollar loan from his arch enemy, then I certainly wouldn't put it past him to take over Disney...
thou and I, my friend, can, in the most flunkey world, make, each of us, one non-flunkey, one hero, if we like: that will be two heroes to begin with. (Carlyle)